AUSTRALIA'S ECONOMY WILL COLLAPSE SOON - I WARNED YOU
Why is, the Australian, economy, soon. Going to collapse I'm gonna add a few links in the description, and. Today, I'm just gonna be talking off the top of my head because I don't really have time to be making these videos at the moment why, the, Australian economy will. Collapse why. And. I'm going to try to point out to you guys all, of the different, signs. And, signals, that I am seeing within the economy which, tell me this, so. If you want to support me you, can support me on patreon. And, if you like this video make sure you click the subscribe button and the bell icon so, don't miss out on anything so. Today, I'm going to talk about, why. The Australian, economy is going to collapse and. To. Understand that you need to understand a little bit about the Australian economy so I'll give you a little bit of Australian. Economy 101. Australia. Is. Not a very smart country we. Dig holes and. We. Do mining, we put them on boats and we send them north. We're. In isolated, country too so it costs a lot of money to, fuel. These boats. Most. Of these boats our biggest trading partner, is China they. Do say, about. 35% of the entire. Australian, economy relies. On China, buying resources, from Australia. There's. A lot of geopolitical. Problems, that couldn't happen. When. We are sending our, maritime, trade through the South China Sea and through, Anna neva but we won't touch on that today but we're. Just going to talk about, the. Big factors, in the Australian economy and. Australia. Relies on China, and even, the dummies out there they, have just started to realize this. Second. One we, invest a lot in our. Education. System so, we have a lot of immigrants, and. International. Students, who. Travel. To Australia they. Pay exorbitant. Fees, and. They. They, come down here to get a some, sort of formal. Education. So. They're the two main things that drive, the Australian economy now. Earlier. This year. There. Was a new law passed in. The Australian government, where. They. In, a, financial. Crisis. The. Australian. Government, can, take money out of your bank account. Now. When, that happened. The. Smart people around there noticed the, people that see signals, noticed, and they challenged, that and they asked for a thing a. New. Law to be passed called. Glass, Segal. I think. That's how you pronounce it they, have that in America what it does is it prevents the government from dipping, into your bank account in financial, crisis. Now. Earlier, this year the. Australian economy was looking fine even. Though I've been telling, you guys for over a year now that it's not fine and the signs are not good because of, the, changing, geopolitical. Situation. That's. One sign the. The government refused, to pass it that's. A sign and. The. Fact that. They. Then just said all the economy is doing fine we don't you don't have to worry about your bank accounts, the fact, that that happened that. Always happens and the dummies, in. This country just thought okay the economy is doing fine now, I. Want. To let you guys to what's been happening the last two weeks so this is recent we're.
Going To go back to the trade with China I think that's a big factor, the. Tariffs between. America. And China. There's. A big deal that happened where. Malcolm. Turnbull was really happy that he was. Able to convince. The. The. Americans, to not put tariffs, on our steel, exports, well. For. The dummies in Australia they thought that was awesome but. I'll tell you one thing the. Raw materials, come from Australia, they. Go to China it. Gets created, they they manufacture. It we don't do that here it's, manufactured, in the iron ore and then. The Chinese for. Quite, a long time they've, been diluting. The market, with cheap iron ore now. If, China gets tariffs. Put on their iron ore does. That mean China is going to continue to buy the. Resources, from Australia, no they're not going to at all so, we, just got a tariff by proxy. Second. We. We, are going through a. Right. Now this trade, war is a. Changing. Of the, trade structure. So. What's. Happening, is America. Now is trying to convince all of its allies to not trade with China. China. Is also, looking now to emerging. Markets, developing, countries, to try and trade with because it's going to lose trade, with other countries and. If. Australia, is allied with America, why the hell. Would, China. Want to continue, to trade with. Its enemies, best friend, okay. So, right. Now if you, this, last two weeks. Zi. Jing ping has been shaking, hands with. Individually. On. Individual. Little contracts, in Africa. Almost, every. African. Leader. Now. What. Does that mean for Australia, well that, means that their. Resource, is going to come from Africa they're not going to come from Australia from Australia anymore. So. What. We can do now is we can assume, that. 30%. That's. Right, 30 percent, of the. Australian. GDP. Should. Be wiped off the map. As. Soon as China decides, to switch over. That. Means astray. Is going to become 30 percent, poorer. Okay. Another. Thing that happened was Malcolm, Turnbull, he. Kind of got strong-armed. Into. Investing. Australian, superannuation. Into. American. In, structural projects, gee. I think he he, invested. Over a trillion, dollars of that's, right your retirement, in, American. Infrastructure. Projects. Donald. Trump is a good businessman. Australian. Politicians, are spoiled. Little shits that don't know what they're doing so now, your future relies, on these, future. Infrastructure. Projects, going really well in America and if they don't your. Retirement is going to suffer. Now. Recently, the. I. Have been saying this, I'm. Also going to at the end of this video I'm going to, the. End screen. Will. Divert you through some other videos that I've put up over a year ago I was, talking about the, Australian, currency, the Australian, economy. Or, the problems, that we are going to face in the future and how we will, possibly, become, the Venezuela, of, Asia. Now. This. Is where Indonesia comes in, the. New the, new prime, minister which, the Australians did not vote in Scott. Morrison as. Soon as he got elected boom straight, to, Indonesia, to sign a new deal with Indonesia. Why. Because, he's trying to. Diversify. Australian. Trade because they see something. Bad happening, that's, why Malcolm Turnbull also invested, our, superannuation. Abroad, because. We. Don't have any proper. Business, leaders, in Australia, we just have dummy rent, seekers I'll explain that later. So. Indonesia. In a way is a. Trading. Partner of China, and I, foresee. Australia. Trading, with Indonesia, are thinking, that everything's going to go well, there Indonesia. Does have a, history. Of invading. Countries. East. Timor is a prime example, now. If Australia. Was, to be blockaded, in any, way shape, or form. The. Australian economy would collapse within six months totally. Collapse we will become as poor as the Philippines within. Six months, time that's, right, now. What if. Indonesia. Plays. Nice with us and, then. Flips. And goes okay China will do what you will do your bidding and we'll blockade, Australia.
Or. Some pirated. Some pirates, happen, to be taking out our ships keep in mind we are an island all, of our trade goes, by the sea what. If some, unaccounted. For. Some. Unaccountable, pirates. That are taking out our maritime, trade that. Would be very costly for our economy. Also. That. That could be that's a big, geopolitical, problem. For Australia, is just getting, our. Trade, out through, the sea I. Hope. You understand what that really means, and you look at the map get out the map use. Your own brain use some critical, thinking and have a look at what is going on in the world stray, is full of dummies but I don't want my followers, to be dummies, like the rest of this stupid country. Another. Problem is. Singapore. Singapore. Is a good trading partner of Australia. We. Pump a lot of money into them they. Refine, our oil, and our fuel it comes from. Singapore. Now. Singapore's. A long way away I, don't see why we shouldn't have through. This massive. Boom. That we've had over the last 30 years our. Government didn't, invest, in figured. Out how to refine our own oil or. Secure. Our own resources, secure, our own. Energy. Future. Why. Because they're stupid if. Anything. Was to happen between. Australia. And Singapore and, believe. Me China's putting a lot of pressure on Singapore, to become entirely. Pro China. Australia. Would run out of oil if. We ran out of fuel we. Don't have any, sort, of fuel to even. Fuel our boats, to. Go abroad, and. Continue. This, economy. Ticking over. The, economy collapses, now. Right. Now China has now put, money into a. Port. In Malaysia. And they. They promised, the Malaysia they said look if, we build this port in Malaysia, we. Will run a lot, of Chinese. Trade through, this, port which will be on the Malacca Straits side of Malaysia and we, will divert a lot of traffic from Singapore, which will damage Singapore's. Economy. Now this is a way of strong-arming. Singapore. To becoming more pro-beijing. And less. See, Singapore, for, a very long time has been, let's. Just, say the, Switzerland. Of Asia that's, the way I would put it they've been neutral to everyone they've been so. Neutral. And fair to every side but it's coming to the point where they're. Gonna have to start becoming. More Pro Beijing, because America's, although. I don't, care how much Fox News you watch, America. Is losing its power and. Donald. Trump doesn't really have the influence, that people, think, he does. So. Singapore, is a Singapore. Possibly. Becoming, Pro. Beijing, is a threat to our fuel. So. Our maritime trades endanger, our, fuels in danger. Ow. Our, resources, are in danger even just by a Donald, Trump and the trade Wall of China. Now. This. Gets to. The. Other signals, in the economy, the, currency. Now. This week the, currency started to drop and I, have warned, you guys I warned. You guys last year I said the, property market is overpriced. I said. Sell, your, property, and possibly. Start. Diversifying, last year why you still have the power. People. Thought people said I was stupid. Property. Prices are dropping, why. Property, prices started, dropping when, China, implemented. A new policy last. Year and that's why I made that property video saying. That you cannot. Take. More than. $200,000. $200,000. Out of the, Chinese economy and spend. It abroad without, explicit. Permission from. The Chinese Communist Party so, that meant that millions. Of dollars wasn't flowing into our economy anymore. Now. This this is another problem with our economy. There's. No innovation here. In Australia, there's. No smart people running this place there's just, rent-seeking. Parasites. Let. Me explain, 70s. 80s 90s. Well. If you brought property, back then it's gonna be worth a lot, right now and all. Of those rich people squandered. It they got lazy they become rent-seeking parasites. Now. If. You were to, put. A law, out there to prevent like, okay if. You, think of a rich person, in Australia what do you think of do, you think of the. CEO, of Apple do. You think of someone who invented. Something. Some, magnificent. Product, which is a a. World-beating. Product. Can. You think of any Australian. That, has actually, invented, anything. I, bet. You can what. You think of and what, I think of and my friends think of when we think of rich Australians. We think of people. That earn three or four houses. They. Got like five six seven, million dollars, in assets and. The. Cost of rent keeps going up, so. I'm. Going to use the yokota economic, term unity, cost now, the opportunity, cost is. Extremely. Damaging, to the Australian, economy over, the last 40 years a, strong, Australian dollar property. Prices just kept going up. The. The, immigrants. Kept coming to Australia investing, money here, the population, started growing so therefore supply. And demand hit the Australian, property, prices. And they just kept going up and then all of these rent-seeking, leeches, latched.
On. I got. The people buying properties, you got the people, the. Real estate agents, so. 30. Years ago if, you, worked full-time for, three years just say you weren't twenty, thousand dollars a year you could buy yourself a, big, house in a an, expensive. Suburb, in, Sydney, or, Melbourne for. Say. $70,000. Just. Three and a half years wages now, it's. Like thirty five years. Yeah. And it's. Impossible, for someone of my generation of my property now that's. Inflation, the. Problem with, that opportunity. Cost is that my generation has, to spend all their, surplus, money on rent. Instead, of trying, to innovate and create products, and businesses. For the economy, my. Biggest, beef here is that for. So. Many years, you have all of these. Rent-seeking. Parasites. Buying, properties, when. If the government, had have come in and limited, it to say, three, properties, per person, let's, just round it off at three because. That's when you hit a critical mass and you start buying four or five six houses you. Have three houses there, they, are going to still be rent-seeking but. They're going to have a surplus, of money. And what. Is a, rich. Person, going to want to do with that money perhaps, they might even start, up a goddamn business. In Australia, and hire, someone, for once instead of rent-seeking, and being a parasite on the next generation, now. The opportunity cost here is not only two-fold, it's tenfold because. If. I'm, paying rent and I. Am working seven, days a week which was unheard of for the generation. Before me they only worked Monday to Friday I. Don't. Have the money to invest in a in any sort of business, definitely. Don't can't, afford a property but. If these people, had a surplus, of money they might have been able to start up a business they, might have started looking, to invest, in other people's businesses, and. That would not only improve. The economy over the last 3040, years would have been better for the, entire, country. Going, forward and I believe that this is one of the main factors where the Australian economy is struggling right now because we. Can't just be rent seeking parasites, in. The, property. Market as well, as all we do is guard. The, land and dig holes and sell, it as resources. Not. A very smart move, the. Smartest, economies, out there create, something, they, create technologies. And especially when you think about how, strong, the Australian, dollars been over, such. A long, time the Australian dollar. Leaped, over, and was stronger, than the American, dollar at one stage that's, right people the Australian, dollar was stronger than the American, dollar at one stage now. I have, said in other videos that, I believe, that the Australian, dollar will become one, dollar to, one RMB. That's the Chinese money. I've. Said that and I stand by that today. Recently. We have seen that, the, Australian. Dollar has started to behave like, emerging. Market, currencies. That's. Right the, world now sees, us for. The Charlatans, that. We are we. Dig holes we put them on goddamn, boats when we send them through the sea and we. Rent seek at home and, the. Generation, before us is screwed over my generation. And the generation, after ours I. Might. Sound a little bit annoyed with this of, course I am there. Should be big. Companies. Created, in Australia, there should have been. Investment. In new technologies. Why. Can't we have our own Apple, or or. Our own new. Technology. Company, or something like that instead of just digging. Holes and sending. It through the sea so this is my rant for today I want to I just want to point out those points to you guys the. Tariffs, and the trade war between, America. And China is. Directly, going to affect Australia, because our economy relies, China China's, not going to help out Australia, if we are their enemy China's. Going to get their recent resources. From Africa, so. The. Currency has dropped, the. Australian government has obviously, seen that we are in panic mode because they. Have sent our. Superannuation. Funds, to American. Infrastructure. Projects. We. Our, our fuel is not secured. From Singapore, because China's putting pressure on them, we. Are now going to trade more with Indonesia, and, our geopolitical, situation, is, not looking good there either because, we, are now at the whim of. Indonesian. Policymakers. If they decide, to turn on us our economy, would be totally screwed the, Australian government, implemented.
That Law that means that in, financial. Crisis, they can dip into your bank accounts, that's right you if you're in Australia right now and you have an Australian bank account and there's. A crisis, a financial crisis, that they can take the money out of your bank the. West. Park recently, last, week Westpac, put their um. They. Put their interest, rates up and. Another. Signal, I'd like to let you guys know about is, as. Soon as they put their interest rates up which is a sign of inflation, in Australia, okay it's a warning sign that the economy is not going too well because, it's going to be less money flowing around the, economy. For, trade there's. Going to be less money going, into property. As well so the property prices will, drop. Businesses. Will have less money to trade with as well but as, soon as Westpac. Because they were the first bank to move, on interest, rates, there. Was a spike in the. Amount. Of people buying stocks, in. Westpac. Now. What. This tells me is that there's, a lot of people out there with a lot of money looking, for opportunities. Because. There's. Not too many safe, bets, around, and to pump that amount. Of money into West Park. Off. Such. A small thing like increasing. Interest rates tells me that there's a lot of people that don't, there. They're either greedy. Which. Is another warning sign of the economy, or, they're just stupid. I, would. Say there's, a mixture of both going on here and if, you. If. You remember what happened in 2007. Before the global. Financial crisis. That was one of the big, warning factors, was. Greedy. People throwing the money around. Thinking. That they're going to win everywhere, and next thing you know it all collapses, and everyone loses their money, it's. All doom and gloom is it no. It's. Not all doom and gloom right. Now, we're going through a pivotal moment and. I've. Been following it all, obsessively. For years, there's. So many opportunities out, there if. You, if you were to put your money in a smart place right now. Guaranteed. In ten years time you'll be a multimillionaire. I. Implore. You guys out there to put your collective, brains together, and I, hope that the people following me are the intelligent, ones not the fools because. Believe me Australia's, full of a lot of fools I'm, hoping to somehow attract, to the intelligent, ones to my channel from now on, if. You can come up with any, better ideas. Leave. A comment below and we can brainstorm in, the comments, on where, we should be investing, our money if you are an Australian right now my. Theory right now is gold I like gold. I believe, if you're gonna buy gold you believe, that China and Russia is going to win if, you. Invest in US. Stocks and, US, currency. That, means that you believe that US, UK Australia, that. Team's going to win I. Am. Not, so positive about the situation. I, believe, that Russia and China is going to win so I'm investing, in gold. China. Some. People have been saying. It's. Hard to find but. There's there's some conspiracy theorists, yes that's right conspiracy, theorists out there saying. That they believe that the. Chinese are hoarding, gold but they're not being transparent with it so they're they're. Reducing. The supply so, that the, cost of gold increases. And the, plan of that also. So. That the price of gold increases, Russia's, also, transparently. Investing, in gold they're letting everybody know quite, transparently. That they have been investing, gold over the last decade now, the reason, why this is so important, is because. Recently. America. Has just just. Gone to town on Iran. Got, rid of the Iran. Nuclear deal to try and destroy their economy, because, Iran is selling, oil in gold to, China. And Russia. I believe. Gold because. If you do some technical analysis, on the. Charts, Gold, is very volatile, it goes up and it goes down people like, gold, they trust gold so. I believe that that is possibly, a good place to put your money. I believe. Gold because I believe China and Russia will win. America. Will in, turn, try to collapse. The. The price of gold so, that's the, battle that's going on right now, America. Wants gold to drop, Russia. And China want gold to rise so that they can back their currencies, and then the irony, the Chinese are on baby can, become the new reserve, currency, that's their plan. So. You can either buy RMB, or you, can buy gold if you believe that side's going to win if you think America, is going to win invest. Somewhere in America it's easier. To find, investments. In America, especially if you're in an Australian, in a western country you, have a plethora. Of options. So. I'm not gonna just tell, you one or two you've, got so, many options to choose from. Now. If you were to of.
Panicked. And sold your property or. In. My opinion one of the smart people and sold your property, you. Got a surplus of money and you want to invest in property somewhere else I would, definitely, say Sri Lanka in Colombo, because China just is, building, that port up and a lot of trades going to go through Sri, Lanka because I believe that that, Sri Lanka that. Sri Lankan port, might become, as rich, and powerful as, say a Singapore. Or a Hong Kong therefore. The property prices will explode, in the next 10 20 years. Probably. Buying. Property. Or investing, around Malaysia. I think. Malaysia is another, interesting. Situation. Where they've, dealt with corruption for such a long time and it seems like they're cleaning it up and. Building. This port, and getting a lot of trade, from China, and. Would definitely, 100 percent boost their economy, so Malaysia. Not, many people are going to be talking about Malaysia, but I, like, the look of this I like to look at what's going on over there, the. Other option, is Indonesia. If you trust Indonesia, as a country. When. You look at how many Australians, go there every year, 1.1. Million, Australians, travel to Indonesia last, year believe it or not that's how many Australians, travel, to Indonesia and holidays there's. A lot of connections, between the two of us. By. The way the Australian, currency dropped, faster. Than. The. Indonesian. Currency, that's another signal, that you should be taking note of it dropped faster than the Indonesian, currency which tells me that more. People, only. A small percentage but more people trust the Indonesian, economy than, they do the Australian, economy and the projections, for the Indonesian economy is, that the Indonesian, economy will, be the, fifth largest economy, in the world I learned. Them there in the next decade so. Investing. In Indonesia, might, be a good opportunity for you guys if, you're a smart. Australian, you have some sort of technology and some sort of getting. Go in you and you are willing to take advantage of this opportunity, starting. Up a business in, Indonesia. Might. Be a good option for you. As well so there's. So many opportunities out, there I also think, if. We're going to talk about currencies. If. If. China's, shaking, hands with leaders, of say, Zimbabwe. And all of these African, nations. Some. Of these currencies. Are going, to go. From. Worthless. And they're. Going to, they're. Going to times by a thousand. Overnight, so, as soon as China signs, a deal with some of these African countries their. Currency is going to boom. So. This. Is a bit of a risky one but if you were to pick the right one, you could definitely, it's like winning the lotto you could there's, not that many African countries and if you follow it closely.
As, Soon as they sign the deal and the money goes through and some sort of projects. Start up in some of these African, countries their, currencies are going to increase and you can definitely ride, that out pull your money out that's definitely, another option as well there's. A lot of huge, opportunities. Out there so it's not all doom and gloom it's just doom and gloom for Australia. So. If, you liked this video make, sure you click the subscribe button and click the bell. Icon so, you don't miss out on anything make. Sure you let. Me know what you think about this I'd, like some feedback you can link things in the comments as well and. Also if. You like my videos, and. You. Want to help me out I do, have a patreon, and. You can help me out financially, so. That I can obviously. Buy. A better camera and some better audio equipment, so that I can provide you with a, far, higher, quality. Video, than, what, I'm doing today by just, an. Ad hoc type, video like this where I just pull. Out the mic and I just tell you off the top of my head what I think about what's going on but. I'm hopefully, I still, provided. You with enough information, about. What's going on and by. Looks of it this is like a thirty half, an hour video so. I. Better. Go now and. Nice. Chatting with you guys. And I'll. See you guys in the next video don't, let fear stop you.